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About the Listing PB20845 - PWJORJAC
We are pleased to present 11952 Santa Fe Ave, a single story three unit apartment building in the city of Lynwood to market. The property consists of all two bedroom/one bath units on a 7,060 square foot lot. In addition to three single car garages in the front of the property, there is one parking space in front of each garage allowing each tenant to have parking for two cars. A new owner could potentially convert the front garage into a 600 square foot ADU as well. Current rents are nearly 45% below market rate, allowing a new investor substantial upside in future rental income. In addition, Lynwood does not have local rent control and is under AB-1482, allowing for higher rent increases than neighboring cities. The current ownership has owned the property for decades and has maintained the property well with a newer roof, exterior paint, and windows. Santa Fe Ave presents a great opportunity for a local investor or owner user to acquire a well maintained property that qualifies for residential financing.
Listing Highlights for 11952 Santa Fe Ave
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
PW25245571
Year Built
1953
Total Square Footage
2,254
Lot/Acreage
0.16
County
Los Angeles
Area
RM - Lynwood
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: 3 car
- Parking Spaces: 3
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6168015005
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
11952 Santa Fe Ave Lynwood, CA 90262
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